July 28, 2021/NBS by FBNQuest Research This week’s update to the World Economic Outlook from the IMF has higher expectations for next year than three months ago. Projected global growth for 2021 is unchanged at 6.0% but the forecast for 2022 has been raised from 4.4% to 4.9%. Confining ourselves […]

July 28, 2021/CSL Research PiggyVest, a financial technology (FINTECH) platform announced on Tuesday, the acquisition of Savi.ng, a wealth management app launched in 2018 that allows users to save through various features like automated savings, fixed deposits, joint savings, and PAYE. The acquisition is expected to help PiggyVest play a […]

July 28, 2021/CSL Research As expected, the Monetary Policy Committee (MPC) at the end of yesterday’s meeting, unanimously elected to: Retain the Monetary Policy Rate (MPR) at 11.5%. Retain the Asymmetric corridor around the MPR at +100/-700bps. Retain the Cash Reserve Ratio (CRR) at 27.5% and Retain the Liquidity Ratio […]